Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by anotton Feb 14, 2013 10:14pm
106 Views
Post# 20992612

RE: I meant

RE: I meant

a buyer coukd easily put in a breakup clause if bid wins you have another 10days to tender>

 

Yeah, I am still not following you on this one probability.  A breakup clause gets the other party to cover a penalty usually equal to the fees you spent on trying to make the deal happen.  It wouldn't be in a public Take Over offer like the one Brookfield has.  The buyer could put a break up clause in an agreement with WND, that says WND would have to pay cash if it took actions to scuttle the deal while the buyer did its due diligence.  WND wouldn't want to sign one of those, let alone 7 or 8.  That is why it went with the process it has.

<< Previous
Bullboard Posts
Next >>